LVMH is gaining control of Dior. LVMH will pay billionaire Bernard Arnault 172 euros in cash and 0.192 Hermes shares, in which Arnault also has a stake, to buy the Christian Dior shares it does not already own, Reuters says.

US economic data picks up. Case-Shiller home prices will be released at 9 a.m. ET before new home sales and confidence are due out at 10 a.m. ET. The US 10-year yield is higher by 3 basis points at 2.31%.